GM Invests In EV Batteries. Lower Costs Are Key for Buyers. - Barron's
1. GM's partnership with Vianode aims to cut EV battery costs in the U.S. 2. Loss of tax incentives could increase EV prices and lower sales. 3. Batteries constitute the largest expense for EVs, priced around $8,000-$10,000. 4. U.S. EV sales grew to 1.3 million in 2024, but growth rate slowed. 5. GM is on track for positive EV profits in Q4, unlike some competitors.